Frasers Group
This coverage explores Frasers Group’s business strategy, acquisitions, and performance within the UK retail sector. Reporting focuses on store portfolio developments, financial results, brand management, leadership decisions, and expansion across sports, fashion, and lifestyle retail. Tailored for industry professionals, it offers analysis of commercial moves and competitive positioning relevant to executives overseeing multi-brand and omnichannel operations.
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Oct- 2023 -9 OctoberDepartment Stores
House of Fraser could disappear from high street, CEO warns
House of Fraser stores could disappear from the high street altogether, as Frasers plans to pivot away from the traditional department store model, CEO Michael Murray has told the Telegraph. Murray said the House of Fraser brand could disappear altogether, adding that the “future vision is that House of Fraser…
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6 OctoberNews
Today’s news in brief-06/10/23
Pandora has raised its revenue guidance for the year to DKK 34-36bn (£4.2-4.5bn) following a surge in store sales. As part of its Phoenix strategy, the company plans to increase investments to enhance revenue growth, brand desirability, and expand its store network. This includes positioning itself as an affordable luxury…
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6 OctoberClothing & Shoes
Frasers ups stake in Boohoo to 13.4%
Mike Ashley’s Frasers Group has upped its stake in Boohoo to 13.4% as it continues investing in a number of UK fashion retailers. Frasers has upped its stake of 10% which it held at the start of the week. This means it now holds 170,426,000 voting rights in the company.…
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6 OctoberDepartment Stores
Frasers Group submits plans for new Warwickshire HQ
Frasers Group has submitted a planning application for a new global HQ campus in Rugby, Warwickshire. If approved, the headquarters is projected to create 7,500 jobs and create £300m in GVA for the region. Architects firm Grimshaw, which designed the Eden Project, London’s Excel Phase II and the Lloyds Banking…
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Sep- 2023 -26 SeptemberNews
Today’s news in brief-26/09/23
Frasers Group has unveiled a new Flannels store in Nottingham city centre, featuring luxury designer clothing and accessories. The 15,000 sq. ft store houses brands like Gucci, Christian Louboutin, Saint Laurent, and Valentino. The opening is part of Frasers’ commitment to investing in retail and expanding its premium shopping destinations…
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26 SeptemberClothing & Shoes
Frasers opens new Flannels Nottingham store
Frasers Group has opened the doors to its latest Flannels store in Nottingham city centre. Frasers said it continues with the commitment to investing in retail and bringing “world-class” shopping destinations to new locations throughout the UK. Situated on Nottingham’s high street, the 15,000 sq. ft store will house two…
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18 SeptemberClothing & Shoes
Mike Ashley eyes Missguided sale to Shein
Mike Ashley is looking to sell the online clothing label Missguided to the Chinese-founded online fashion platform, Shein, Sky News has reported. It is understood that the two sides have been in negotiations about a deal for several weeks, which would represent Shein’s first acquisition of a British fashion brand.…
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Aug- 2023 -31 AugustOnline & Digital
Frasers ups Boohoo stake to 9.1%
Frasers has announced that it has increased its stake in fashion retailer Boohoo to 9.1%. The latest increase takes the Mike Ashley owned company’s stake up from the previous 7.8% it owned. The group had previously stated that Boohoo aligned with its strategy of building “supportive positions in attractive companies”. …
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29 AugustClothing & Shoes
Frasers ups Asos stake to 19.3%
Mike Ashley’s Frasers Group has announced that it has once again upped its stake in Asos to 19.3%, up from 18%. The news comes after the group increased its stake to 17% earlier this month. The group also raised its stake in Boohoo Group from 6.8% to 7.8%. Prior to…
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23 AugustDepartment Stores
House of Fraser to close two more stores
House of Fraser is set to close two more of its stores as parent company Frasers Group continues to prioritise Sports Direct and Flannels. The House of Fraser store in Solihull will close on 28 August and its store in Guildford will shut on 30 September. Frasers Group shut eight…
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